Italian open-wheel team EuroInternational plans to contest the Indy Lights series in 2016.

Team boss Antonio Ferrari has reopened EuroInternational's U.S. base in Indianapolis, from where it ran numerous North American programs in the past. The team competed in Indy cars through the 1990s, initially as Euromotorsport, and more recently raced in the in the U.S.-based Formula BMW and Atlantic series up to the late 2000s.

"The economy in America is starting to be very good again," Ferrari told AUTOSPORT. "When I stopped in 2011, Formula BMW was finished, Atlantic was finished, and Indy Lights was running with nine-year-old cars, so I decided to reopen my Formula 3 team in Europe.

"With the new Indy Lights car it can be a good opportunity. I am hiring people in America and by summer we hope to have our first testing to be ready for 2016."

Ferrari is also open to returning his team to Indy cars, and will act as an advisor to his former driver, GP2 race winner Stefano Coletti, for his prospective rookie campaign this season. Coletti is understood to be close to finding the budget for 2015, and is believed to be in negotiation with Schmidt Peterson Motorsports and KV Racing Technology.

"We did 101 Indy car races and I want to look around and see what happens as a consultant to Stefano," Ferrari said

FULL STEAM AHEAD ON F3

EuroInternational has ramped up the technical structure on its Formula 3 European Championship team, and Ferrari says he will run at least two drivers, possibly three, this season.

The team will also continue in Germany's national F3 series, in which it will run Dane Nicolas Beer, a graduate of ADAC Formel Masters and BRDC Formula 4.